AT THE HEART OF THE ROAD TRANSPORT INDUSTRY.

Call our Sales Team on 0208 912 2120

Japs break promise

29th October 1983
Page 7
Page 7, 29th October 1983 — Japs break promise
Close
Noticed an error?
If you've noticed an error in this article please click here to report it so we can fix it.

Which of the following most accurately describes the problem?

JAPANESE exports of light commercial vehicles to Britain and other EEC countries have not been "moderated" as promised under an agreement reached in Tokyo early this year.

On the contrary, figures for the first six months of this year just published in Brussels show they have increased by 23.4 per cent.

Britain was the country hardest hit with exports of Japanese light commercials soaring by as much as 107 per cent compared to the same period of 1982.

An EEC spokesman in Brussels told CM: "We are very disturbed as we had expected that the Japanese would try not to increase the export of-these vans at all this year.

"We have raised this question in Tokyo. But all the Japanese say is that the figures can't be judged until the end of the year," Exports of forklift trucks, which the Japanese were also expected to peg at last year's levels, are up by 25 per cent to the EEC although, in this case, there is no particular problem in Britain.

The EEC Commission is also sore because the Japanese have not observed another undertaking — to make it easier for EEC goods to be sold on their internal market.

In fact, EEC exports declined this year while the Japanese are marching towards another record trade surplus with Europe.

As a result, EEC Ministers are now again discussing the possibility of lodging a formal complaint against Tokyo under the GATT trading rules.

Tags

Organisations: EEC Commission
Locations: Tokyo, Brussels

comments powered by Disqus